NOT LISTED FOR SALE

605 N Lake Dr Winston Salem, NC 27127

Estimated Value: $260,000 - $340,000

2 Beds
2 Baths
1,300 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $152,000 $117 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,648/month

Highlights

  • Wood Flooring
  • North Davidson Middle School Rated 9+
  • 1 Car Attached Garage

About This Home

As of September 2016

This home is located at 605 N Lake Dr, Winston Salem, NC 27127 since 26 July 2016 and is currently estimated at $295,918, approximately $227 per square foot. This property was built in 2004. 605 N Lake Dr is a home located in Davidson County with nearby schools including Friedberg Elementary School, North Davidson Middle School, and North Davidson High School.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $818

Year Built

  • Built in 2004

Lot Details

  • 2,662 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,196 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • North Lake Townhomes Subdivision

Listing and Financial Details

  • Tax Lot WINSTON
  • Assessor Parcel Number 03003S0001003000
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$818

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.0611
  • Lot Size: 1
  • Subdivision Name: North Lake Townhomes
  • Directions: Old sals. left 2nd left, home on left
  • Above Grade Finished Sq Ft: 1196
  • Unit Levels: One
  • Structure Type: Townhouse
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 1196
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Security: Security Lights
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 03003S0001003000
  • Zoning: PDH
  • TRIADMLS_PlatBook: 39-96
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 818
  • Tax Lot: WINSTON
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 16, 2016
Sold by
Case Mark Douglas
Bought by
Mchone James Franklin and Mchone Deborah Gaye
List Price
$152,000
Sold Price
$152,000
Current Estimated Value
$295,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,918
Avg. Annual Appreciation
7.61%
Original Mortgage
$152,000
Outstanding Balance
$121,412
Interest Rate
3.43%
Mortgage Type
VA
Estimated Equity
$174,506

Purchase Details

Closed on
Apr 22, 2013
Sold by
Case Calvin C
Bought by
Case Mark Douglas

Purchase Details

Closed on
Aug 5, 2004
Sold by
Cambridge Isenhour Homes Inc
Bought by
Case Calvin C

Purchase Details

Closed on
Jun 1, 2004
Sold by
Young Iii Robert W
Bought by
Young Robert W

Purchase Details

Closed on
Oct 17, 2003
Sold by
Sowers Land Development Co
Bought by
Cambridge Isenhour Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mchone James Franklin $152,000 None Available
Case Mark Douglas -- None Available
Case Calvin C $128,500 --
Young Robert W -- --
Cambridge Isenhour Homes Inc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchone James Franklin $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $152,000 0.0% $152 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $152,000 -- $152 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,088 $167,370 $0 $0
2024 $1,055 $167,370 $0 $0
2023 $1,055 $167,370 $0 $0
2022 $1,022 $167,370 $0 $0
2021 $1,022 $167,370 $0 $0
2020 $804 $131,700 $0 $0
2019 $817 $131,700 $0 $0
2018 $818 $131,970 $0 $0
2017 $818 $131,970 $0 $0
2016 $818 $131,970 $0 $0
2015 $818 $131,970 $0 $0
2014 $837 $135,040 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 802526

Triad MLS

APN: 03-003-S-000-1003-0-0-0